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ATR Bands [NeoButane]
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ATR bands, smoothed with exponential moving averages.
The difference between this and other ATR bands is that high and low are used as the source for top and bottom band, resulting in more accurate ATRs. It is also calculated in log-space to aid in making the bands more "springy" when it comes to extremely volatile assets or very low timeframes.
See here for an upgraded version:![ATR Trailing Stop Bands [NeoButane]](https://s3.tradingview.com/5/5xdHTNpV_mid.png)
The difference between this and other ATR bands is that high and low are used as the source for top and bottom band, resulting in more accurate ATRs. It is also calculated in log-space to aid in making the bands more "springy" when it comes to extremely volatile assets or very low timeframes.
See here for an upgraded version:
Nota Keluaran
- Added option to not use a moving average to get the real value for stop lossNota Keluaran
Added alert conditions for the labels. Defaulted EMA smoothing to true.Nota Keluaran
Added additional bands that are off by default. These bands do not have alerts nor shapes attached to them, so I have turned "Show Labels When Price Closes Out of Bands" off for default to prevent confusion.Skrip dilindungi
Skrip ini diterbitkan secara sumber tertutup dan anda boleh menggunakannya dengan bebas. Anda boleh menyukainya untuk menggunakannya pada carta. Anda tidak dapat melihat atau mengubah kod sumbernya.
Ingin menggunakan skrip ini pada carta?
My published indicators: tradingview.com/u/NeoButane/
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.